LNG: Egypt Imports Second-Highest Gas Volume on Record in Sept: JODI
Egypt imported about 2.4 Bcm of natural gas and LNG in September, JODI reported cited by Platts.
- This is its second-highest monthly total in JODI records after August’s 2.5 Bcm.
- LNG accounted for 1.6 Bcm, with the remaining 0.8 Bcm arriving by pipeline.
- Rising imports reflect falling domestic output. Egypt produced around 3.5 Bcm of gas in September, consistent with recent months.
- Production in the first nine months of 2025 reached only 31.8 Bcm — the second-lowest level for this period in the JODI database, surpassed only by 2016.
- To support trade, Egypt has been using a fleet of five FSRUs deployed across the region.
- Although the country has exported some LNG cargoes since the summer, analysts expect it to remain a major importer for the foreseeable future while it works to revive its gas sector.
- This dependence comes as prices stay soft, with the East Mediterranean LNG marker assessed at around $10.36/MMBtu Nov. 18.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US TSY OPTIONS: Nov'25 30Y Broken Put Flys
- 1,560 USX5 116.5/117/118 broken put flys ref 118-24
- 6,000 TUZ5 104.25 puts, ref 104-13.75 earlier
US: FED Reverse Repo Operation
RRP usage rebounds to $5.931B with 9 counterparties this afternoon from $4.102B Friday. Compares to $3,516B on Tuesday, Oct 13 (lowest level since early April 2021) & this year's high usage of $460.731B on June 30.
GBPUSD TECHS: Has Pierced The 50-Day EMA
- RES 4: 1.3613 76.4% retracement of the Sep 17 - Oct 14 bear leg
- RES 3: 1.3544 61.8% retracement of the Sep 17 - Oct 14 bear leg
- RES 2: 1.3527 High Oct 1 and a pivot level
- RES 1: 1.3487 50.0% retracement of the Sep 17 - Oct 14 bear leg
- PRICE: 1.3419 @ 17:11 BST Oct 20
- SUP 1: 1.3317/3249 Low Oct 15 / 14 and the bear trigger
- SUP 2: 1.3220 0.764 proj of the Sep 17 - 25 - Oct 1 price swing
- SUP 3: 1.3142 Low Aug 1 and a key support
- SUP 4: 1.3041 Low Apr 14
A short-term bear condition in GBPUSD remains intact and for now, the latest recovery appears corrective. However, the pair is holding on to its latest gains and note that price has pierced resistance at the 50-day EMA, at 1.3450. A clear break of this average would highlight a stronger reversal and expose resistance at 1.3527, the Oct 1 high and pivot level. Clearance of this hurdle would be bullish. Key support and the bear trigger is 1.3249, the Oct 14 low.
